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IPO
Markets
Reddit shares surge by 48 percent on first day as a public company
Social media platform's stock market debut signals confidence in growth potential
Markets
Parkin shares jump over 35 percent on first day of trading on Dubai stock market
IPO resulted in market capitalization of AED6.30 billion upon admission
Markets
DFM sets new record in 2023, crosses 4,000 points for first time in 8 years
The DFM General Index ranked 5th globally in 2023
Markets
Parkin’s IPO: Company increases retail share offering in response to high demand
The overall size of the public float remains unchanged at 749.7 million shares
Economy
Transparency, good governance boost investor confidence in UAE: EFG Hermes CEO Moustafa El Chiati
Economic diversification, governance and robust trade position UAE as international investment hub
Markets
MENA IPO market soars with 48 IPOs in 2023, reaping $10.7 billion
Energy and logistics sectors lead as MENA continues to attract global investments
Markets
Aramco: Saudi Arabia considering a $10 billion share sale
As soon as February
Markets
UAE leads GCC with IPO proceeds of $6.07 bn in 2023
GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion
Markets
ADX leads in Middle East IPO revenues, landmark agreements
Robust market witnessed six IPOs in 2023 valued at $5.57 bn
Markets
Saudi’s PIF to raise $3.5 bn from sukuk sale
The five-year sukuk segment generated over $14 billion in demand
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